Romania

Ukraine war drives container growth of Port of Constanta

The Port of Constanta in Romania, located at the crossroads of the trade routes linking markets of the landlocked countries of Eastern Europe with the Caucasus, Middle East and Central Asia, has become a true cargo-transit hub for all kinds of transport.

Informall BG, a cargo analytical bureau in the Black Sea region, states that under normal market conditions, the annual container turnover growth rate of Constanta is at 2-3%. However, recent data shows that Constanta increased its laden container volume in H1 of 2022 by 10,4% YoY.

This is being caused by the war in Ukraine. Although Ukrainian container terminals remain blocked, a large share of container traffic destined to Ukraine is moving to Constanta followed by transit-truck or train delivery to a final destination in Ukraine.

It is important to note that 2M Alliance continues dominating over Romanian container marketplace handling almost 40% of total laden traffic in Constanta. The two partners of the largest container alliance in the world, Maersk and MSC, gained 6,75% of additional container volume in H1 2022 vs H1 2021 in Constanta. Similarly to Romania, 2M Alliance controls 47% of Ukrainian container traffic on the Black Sea.

Source: container-news.com


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